Meydan Free Zone

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Overview of Meydan Free Zone in Dubai

Located just minutes from Downtown Dubai and the Meydan Racecourse, Meydan Free Zone (MFZ) is a business hub for entrepreneurs and investors looking for affordable, flexible, and tax-free company setup in the UAE. MFZ supports businesses in technology, trading, e-commerce, consulting, logistics, and sustainable industries.

What is Meydan Free Zone?

Meydan Free Zone is a dynamic and strategically located free economic zone in Dubai, established to empower startups, SMEs, and multinational companies. With its streamlined setup process, 100% foreign ownership, and full repatriation of capital and profits, MFZ caters to a diverse range of business activities across various sectors, including real estate, technology, education, media, and renewable energy.

Highlights of the Company Formation Process

  • Zero corporate and personal income tax for 50 years
  • No currency restrictions or import/export duties
  • Fast business registration and licensing
  • State-of-the-art office infrastructure
  • Access to over 1,500+ licensed business activities

Benefits of Setting Up a Business in Meydan Dubai Free Zone

Choosing Meydan Free Zone (MFZ) offers several benefits that make business operations easier and more profitable.

100% Foreign Ownership: Unlike mainland companies that require a local sponsor, MFZ allows full foreign ownership, giving you complete control of your business.

Tax Exemptions: MFZ offers 0% corporate and personal tax, with no import or export duties. These benefits help investors maximize profits.

Affordable Licensing Packages: Licensing in MFZ starts from AED 12,500, making it more cost-effective than other UAE free zones such as DMCC or JAFZA.

Strategic Location: MFZ is centrally located 10 minutes from Burj Khalifa and Dubai Mall, 15 minutes from DIFC and Sheikh Zayed Road, and 20 minutes from Dubai International Airport.

Flexible Office Solutions: MFZ provides a many of office options, including flexi-desks, virtual offices, and executive suites, catering to all business types, from freelancers to large corporations.

Types of Business Licenses Available

Meydan Free Zone (MFZ) offers different types of licenses to suit many business activities:

  • Commercial License: For companies that buy, sell, and trade goods locally or internationally.
  • Professional/Service License: For businesses providing services such as consulting, IT, marketing, and design.
  • Industrial License: For businesses involved in light manufacturing, production, or assembly.
  • E-commerce License: For online businesses, including digital stores and dropshipping operations.

These licenses make it easy for entrepreneurs and investors to start the right type of business in MFZ while complying with UAE regulations.

Step-by-Step Guide to Setting Up a Business

Setting up your business in MFZ is a fast, paper-light process that takes only a few days:

  1. Choose Your Business Activity: Select from over 1,500 approved activities covering everything from IT consulting to logistics and media.
  2. Decide Legal Structure: Choose between: Free Zone Limited Liability Company (FZ-LLC), Branch Office of an existing company
  3. Submit Required Documents: Basic documents include: Passport copies of shareholders and directors, Business plan, Initial approval application
  4. Obtain Trade License: Once approved, you’ll receive your business license. The cost generally ranges between AED 12,500 and AED 30,000.
  5. Open Corporate Bank Account: After registration, you can open a UAE bank account to manage your finances efficiently.
  6. Visa Processing: Apply for UAE residency visas for yourself and your employees through the MFZ authority.

Popular Industries in Meydan Free Zone

  • Technology & AI: Startups in blockchain, fintech, and artificial intelligence thrive in MFZ.
  • Logistics & E-commerce: Take advantage of Dubai global trade infrastructure.
  • Real Estate & Property: Proximity to mega projects makes MFZ ideal for property-related businesses.
  • Green Energy: Companies focused on sustainability benefit from UAE net-zero initiative.

Meydan Free Zone Compared to Other Free Zones in Dubai

FeatureMeydan Free ZoneDMCCJAFZA
CostAffordable (AED 12,500+)Premium (AED 30,000+)Moderate (AED 20,000+)
FocusSMEs, e-commerce, servicesCommodities, gold, tradeHeavy industries, logistics
LocationCentral DubaiJLTJebel Ali

Mistakes to Avoid During Business Setup

Skipping Market Research: Always study your target audience and competitors before setup.
Choosing Wrong License Type: This could lead to delays or fines.
Neglecting Compliance: Follow all legal and financial rules to avoid penalties.

Legal & Financial Guidelines for Investors

  • No minimum capital is required for most business activities.
  • Annual license renewal is required.
  • MFZ is eligible for corporate bank accounts and VAT registration.

Tax Incentives for Foreign Entrepreneurs

Meydan Free Zone allows long-term tax exemptions no personal or corporate income tax for 50 years. This tax-friendly policy appeals to international investors seeking to establish a presence in the Middle East.

Why Choose Mehar Business Solution LLC?

At Mehar Business Solution LLC, we are an authorized business consultant specializing in hassle-free company formation in the Meydan Free Zone. From business license registration to visa processing and UAE banking assistance, our experienced consultants ensure a smooth journey to success.

  • Dedicated account managers
  • Custom business setup packages
  • Legal and PRO services
  • Competitive pricing with no hidden charges

Our Additional Business Setup Services

Some FAQ About Meydan Free Zone Service

MFZ is a business hub in Dubai designed to make company setup easier. It offers 100% foreign ownership and a wide range of services for entrepreneurs.

Companies can obtain commercial, service, industrial, and e-commerce licenses depending on their activities.

Key benefits include 100% foreign ownership, no corporate taxes, full repatriation of profits, and a fast company registration process.

The process involves choosing a business activity, registering a trade name, submitting documents, and obtaining initial approvals before license issuance.

Typically, registration takes 2 to 5 working days if all documents are complete.

Most activities do not require minimum capital, though some license types may have specific requirements.

Yes, company owners and employees can obtain UAE residency visas through the free zone authority.

Facilities include modern office spaces, flexi-desks, virtual offices, and warehouse options to suit different business needs.

Yes, companies benefit from 0% personal and corporate tax, no import/export duties, and full repatriation of profits. VAT applies only if turnover exceeds AED 375,000 annually.

Yes, MFZ companies can trade internationally or within the UAE mainland via distributors. Direct physical operations outside require a separate mainland license. For more details, you can also visit the official Meydan Free Zone Authority website.